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Treasury Department announces new senior appointments

Secretary of the Treasury Scott Bessent has announced several key appointments to senior positions within the U.S. Department of the Treasury.

Philadelphia Fed's Harker emphasizes continued focus on inflation control

Federal Reserve Bank of Philadelphia President and CEO Patrick Harker addressed inflation concerns during a speech at the University of Delaware.

NCUA reports Q4 growth in share insurance fund

The National Credit Union Administration (NCUA) Board convened for its second open meeting of 2025, where the Chief Financial Officer presented a report on the performance of the National Credit Union Share Insurance Fund for the fourth quarter...

Regulators update bank stress test approaches amid global economic uncertainties

Regulatory bodies in the US, EU, and UK have announced their respective strategies for stress testing banks.

BIS outlines guidelines for managing artificial intelligence at central banks

A recent report by the Bank for International Settlements (BIS) examines the increasing use of artificial intelligence (AI) by central banks and provides guidance on establishing effective AI governance frameworks.

Treasury Department announces new senior appointments under Secretary Scott Bessent

Secretary of the Treasury Scott Bessent has announced several key appointments for senior positions within the U.S. Department of the Treasury.

EBA sets new standards for centralized bank disclosure hub

The European Banking Authority (EBA) has finalized the implementing standards for the Pillar 3 Data Hub (P3DH), which will centralize prudential disclosures of banks and make this data publicly available through a single electronic access point.

US targets Chinese firms linked to Iranian drone parts procurement

Today, the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has targeted six entities based in Hong Kong and China.

Co-founder of Binance: Crypto 'is the currency for AI'

Changpeng Zhao, commonly known as CZ, co-founder and former CEO of Binance, has emphasized the significance of cryptocurrency in the emerging AI-driven economy.

Bybit hack linked to North Korea as Chainalysis aids investigation

Chainalysis announced it is investigating the $1.5 billion Bybit hack, the largest cryptocurrency heist in history, and has linked the attack to North Korea-affiliated cybercriminals.

Melanie Krause named acting IRS commissioner following Doug O'Donnell's retirement

The U.S. Department of the Treasury has announced a leadership change at the Internal Revenue Service (IRS).

Richmond Fed discusses economic outlook, inflation trends, and future challenges

The Federal Reserve Bank of Richmond recently addressed a regional audience about inflation and the current economic landscape.

Treasury announces key appointments under Secretary Scott Bessent

Secretary of the Treasury Scott Bessent has announced several key appointments for senior positions at the U.S. Department of the Treasury.

Treasury Secretary meets Australian Treasurer to discuss Indo-Pacific economic security

U.S. Secretary of the Treasury Scott Bessent met with Australian Treasurer Jim Chalmers to discuss cooperation on economic security in the Indo-Pacific region.

Treasury Secretary meets with French minister to discuss economic and security priorities

U.S. Secretary of the Treasury Scott Bessent met with French Minister of Economy, Finance, and Industrial and Digital Sovereignty Éric Lombard.

US imposes sanctions on over 30 entities linked to Iranian oil trade

The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) and the U.S. Department of State have announced new sanctions on over 30 individuals and vessels involved in the sale and transportation of Iranian petroleum-related...

U.S. Treasury Secretary discusses reforms with Argentine Finance Minister

Treasury Secretary Scott Bessent held an introductory call with Argentine Finance Minister Luis Caputo.

Treasury Secretary discusses economic issues with China's Vice Premier

Earlier today, Secretary of the Treasury Scott Bessent held an introductory call with Vice Premier He Lifeng of China.

Boston Fed officials discuss workforce issues during Connecticut visit

During a recent visit to Connecticut, Federal Reserve Bank of Boston President Susan M. Collins and First Vice President Karen Pennell addressed workforce concerns with local industry leaders.

Bluebird bio announces acquisition by Carlyle and SK Capital

Bluebird bio, Inc. has announced a definitive agreement to be acquired by Carlyle and SK Capital Partners.